Carlton North vs Carlton

Carlton (median $1,761,500) is roughly 4% cheaper to buy into than Carlton North ($1,826,000).

Buying in Carlton North or Carlton?

The free buying guide: what you can really spend, the schemes and stamp duty in your state, inspecting, and making the offer.
Get the free buying guide

Selling in Carlton North? The free selling guide

Carlton North and Carlton side by side

MeasureCarlton NorthCarlton
Price and market
Median house$1,826,000$1,761,500
Median unit$781,500$332,500
Renting
House rent$950/wk$950/wk
Unit rent$600/wk$670/wk
Owner occupied47.0%–
Renter occupied50.0%–
Schools
Schools nearby2020
Average ICSEA11041044
Lifestyle and people
Walk score100100
Transit score90100
Bike score100100
Population6,177–
Median age33–
Climate
Annual rainfall582 mm582 mm
Mean max, January26.9°C26.9°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Carlton North (1104) sits above Carlton (1044).

For buyers
Carlton is the lower entry point at $1,761,500 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Carlton offers the higher gross rental yield (2.80% vs 2.71%), favouring cash-flow investors.
For families
Carlton North edges out on average school ICSEA (1104 vs 1044).

Carlton North vs Carlton: common questions

Is Carlton North or Carlton cheaper to buy in?

Carlton has the lower median house price at $1,761,500, roughly 4% below Carlton North ($1,826,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Carlton North or Carlton have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Carlton North scores 1104 vs 1044 in Carlton. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Carlton North or Carlton?

Gross rental yield on houses is 2.80% in Carlton vs 2.71% in Carlton North. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

Keep comparing

Choosing between Carlton North and Carlton?

The free buying guide: budget, schemes, inspections and how not to overpay.

Get the free buying guide